As I hinted yesterday, the Euro is moving to collect liquidity (LQY) in the lower zones. However, tomorrow we have very important news at the opening of the London Stock Exchange, which could push the Euro bullish as there are several liquidity zones above on the hourly (H) charts.
Such movement would allow the Euro to pick up sell orders and continue with its bearish structure. Tomorrow, I will wait for the news to pass before tracking what the price will do.
Tomorrow, we need to be patient and avoid trading during the news period.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.